By indicating your assent to this authorization and enabling EarnIn’s Balance Shield Transfer services (“Balance Shield”), you authorize Activehours, Inc. d/b/a Earnin, and any of its assignees, including its third-party processor (collectively, “EarnIn”) to initiate recurring electronic debits from the bank account including any corresponding debit card you designate as well as any new bank account or corresponding debit card you may subsequently link or designate in your EarnIn profile (collectively, “Bank Account”), on or around the date of your next paycheck following EarnIn’s delivery of the Balance Shield transfer, in an amount of the Balance Shield transfer crediting your Bank Account, which may vary but will always fall within the range of $50 to $1000, plus any voluntary tip you select and optional Lightning Speed fee that may apply to your transfer and which may vary over time as disclosed to you at the time you enable Balance Shield (the “Total Debit Amount”). You further authorize EarnIn to electronically debit or credit your Bank Account to correct any erroneous credit or debit.
If we are not able to process payment of the Total Debit Amount, you authorize us to make subsequent attempts to debit the Bank Account. You acknowledge that EarnIn will not necessarily provide you notice in advance of initiating a particular debit, unless the Total Debit Amount will fall outside the range of $0 to $1,000.
You acknowledge that the authorizations you provide in this Electronic Funds Transfer Authorization will remain in effect until you notify EarnIn that you wish to revoke these authorizations. You acknowledge that you have no obligation to repay any Balance Shield transfer and that the provision of such transfers is governed by the Cash Out Terms of Service (
https://www.earnin.com/privacyandterms/cash-out/terms-of-service).
You may revoke your authorizations by emailing care@earnin.com. You must notify EarnIn at least three business days before the scheduled debit date in order to cancel the authorization for that debit to allow Earnin reasonable time to act on your instructions. If EarnIn receives your notice revoking your authorizations less than three business days before the scheduled debit date, EarnIn may attempt to cancel the debit transaction, but EarnIn will not be responsible if the debit is completed as scheduled.
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